The construct of Organizational Memory is composed of the structure of its retention facility, the information contained in it, the processes of info… - James P. Walsh
" "The construct of Organizational Memory is composed of the structure of its retention facility, the information contained in it, the processes of information acquisition and retrieval, and its consequential effects. In its most basic sense, organizational memory refers to stored information from an organization's history that can be brought to bear on present decisions. This information is stored as a consequence of implementing decisions to which they refer, by individual recollections, and through shared interpretations.
About James P. Walsh
James Patrick Walsh (born 1953) is an American organizational theorist, and professor of Business Administration at the , noted for his contributions in the field of organizational memory and organizational learning.
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Additional quotes by James P. Walsh
Despite the general use of the term organizational memory, it is not clear that we have understood the concept or its implications for the management of organizations. To date, a myriad of unexamined conjectures has defined a concept that has even served as a basis for prescriptive management advice.
Looking at the business corporation through something other than the eyes of its equity holders has inspired great efforts to translate that intuitive appeal into a theory... The promise of stakeholder theory to offer a cogent alternative to the economic account of the firm, however, is impeded by a set of assumptions designed to accommodate economic considerations.
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